UT
Weber
Ogden
84403
1117 COUNTRY HILLS DR DR
1117 COUNTRY HILLS DR DR, Ogden, UT 84403
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Listing Type
Multi Family
Listing Status
Active
22
$2,500,000

Home Details for 1117 COUNTRY HILLS DR DR

Price
$2,500,000
Type
Residential Income
Bedrooms
17
Total Bathrooms
9
Square feet
9422
Year built
1978
Lot size acres
0.75
County
Weber
Days on site
6
MLS Listing#
2160595
Property Description

***SELLER FINANCING*** - Seller financing at 5% fixed for 11 years & only 8% down to close Country Hills Apartments is a fully stabilized nine-unit multifamily asset located at 1117 Country Hills Drive in Ogden, Utah, offered with a documented pathway to expand to 18 or 23 total units on site. Originally converted from office use in 2023, all interiors are fully upgraded and all nine units are currently leased. Current rents are below market. Interior finishes are in upgraded condition, and the discount reflects the exterior's unfinished state rather than unit quality. A buyer can raise rents by investing in exterior improvements prior to construction, or bundle those upgrades with the expansion and execute both simultaneously. The property is zoned R-4 and sits on approximately 0.75 acres. Ogden City has previously granted full approval for a nine-unit, two-story expansion to 18 total units based solely on the main parcel, requiring no third-party cooperation. A second adjacent parcel, currently held in part by two neighboring HOAs, would unlock a third-floor expansion to 23 total units if consolidated. Architectural and engineering drawings for the full 23-unit configuration are complete and have received prior city approval, reducing both cost and timeline risk for a buyer pursuing that path. In anticipation of the expansion, the sellers upgraded the existing building's water line and fire suppression system to support the new structure, creating direct cost savings for a future developer. Investment highlights - Stabilized 9-Unit Income Base with Immediate Value-Add Rent Upside - Approved by-right expansion to 18 units with no third-party cooperation required - Full entitlement pathway to 23 units with completed architectural and engineering drawings - Seller financing at 5% fixed for 11 years & only 8% down to close - Rent upside available through exterior improvements without waiting on expansion - Infrastructure already upgraded to support new construction, reducing future development costs - Adjacent to Intermountain McKay-Dee Hospital, one of Utah's top-ranked regional employers

Property Features
  • Cooling Information
    • None
  • Heating Information
    • None
School Information
School Information for 1117 COUNTRY HILLS DR DR, Ogden, UT 84403
Elementary School
Shadow Valley
Middle School
Mount Ogden
High School
Ogden
Listing Courtesy: CBRE, Inc - 801-869-8000
Wasatch Front Regional MLS logoBased on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-05-28 14:42:11
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EXIT REALTY LEGACY
4516 South 700 East Suite 190, Murray, UT 84107
Goose Hoeft
License #: 14246756-SA00
Sales Representative
Office
801 438 0246
Agent
385 535 6037
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